Strong Company applies overhead based on machine hours. At the beginning of 20x1, the company estimated that manufacturing overhead would be $792,000 and machine hours would total 24,000. By 20x1 year-end, actual overhead totaled $819,100, and actual machine hours were 27,100. On the basis of this information, the 20x1 predetermined overhead rate was:

$8.04 per machine hour.

$8.05 per machine hour.

$28 per machine hour.

$29 per machine hour.

$33 per machine hour.